RE: RE: The Only Problem With The Secondary Tokens
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RE: The Only Problem With The Secondary Tokens

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HIVE-Engine has a huge problem with liquidity. The tokens page show that most of the coins have less than a dollar in daily volume. There's usually only a dozen coins with more than $1,000 a day. There's usually about 36 that have over a $100 a day.

This means that even a ten dollar transaction could result in a wild swing in price with most coins.

I think that the best way to improve liquidity is for people to play the market. Instead of powering up all of my coins, I often drop a sale order at or near the ASK price of a favored coin. If the sale goes through, I then use the SWAP.HIVE for a buy order at or near the BID price. The purpose of the orders is just to increase the liquidity of the coins.

Unfortunately, I fear that the high interest on HBD has pretty much doomed most of the alt-coins on HE.

The primary source of funds of the alt-coins was the HBD author rewards. Because of the 20% interest on HBD, most smart authors no longer transer any of their earnings to HE.

Anyway, I find no fault in the people who are dumping their HE coins. As long as the interest on HBD is 20%, there is no reason for anyone to transfer their earnings from HBD into HE.

!WINE

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